The Liechtenstein Advantages
Gathering and using demographic data through web contacts and social media.
MEMBER OF THE EEA
Member of the Europea Economic Area and therefore enjoys complete freedom of services throughout all countries of the European Union, the EEA and Switzerland.
STRONG, RECOGNISED, COMPLIENT
Strong, internationally recognised financial market supervision; EU-compliant, modern insurance law following the 4th EU Life Directive
FOLLOWS GLOBAL STANDARDS
Follows global OECD standards governing transparency and information exchange in tax matters
and 3rd highest GDP per person in the world if adjusted for purchasing power parity (the highest in the world if not adjusted)
DEMOCRATIC & CONSTITUTIONAL
Constitutional hereditary monarchy on a democratic and parliamentary basis; Head of State: Prince Hans-Adam II
Nucleus Life is subject to the art. 59a of the Liechtenstein Insurance Supervision Act which stipulates that policyholder assets constitute a separate bankruptcy estate in accordance with art. 45 of the Bankruptcy Code of Liechtenstein. Tzhis means that in event of bankruptcy of an Insurance Company, policyholder assets are kept separate from shareholders (and other) assets, and may not be seized by its creditors.
The insurance sector
At the end of 2015, 21 life insurance companies, 17 non-life insurance companies, and three reinsurance companies operated in Liechtenstein. 11 undertakings operated as captives, eight of which as direct insurers and three as reinsurers.
Premium income in 2015 amounted to CHF 3.3 billion: life insurers generated CHF 2.3 billion, non-life insurers CHF 1.0 billion, and reinsurers CHF 47 million. The balance sheet total as at the end of 2015 amounted to CHF 27.8 billion.
Automatic Exchange of Information (AEOI)”
In a joint statement, a number of countries, including all major financial centres and Liechtenstein, have introduced the new OECD standard on transparency and information exchange in tax issues, the so-called “Automatic exchange of information” (AEOI)”
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